Learning day trading

[Iykecollins]

Personally I started out trading the hard way, no knowledge about charts, just buy at a certain amount and hope to sell at a certain level, mostly ended up losing a large part of my capital before going to learn the real deal, now I can confortable trade with minimal losses

[LuciferEveningStar]

Trading in essence, we must be able to read the situation and also be able to set the time. To increase trading hours to be able to train yourself and also be able to follow the signal as our first step to be able to start trading

You will never read the situation because the market is volatile, the best way you can do is just being patience in order to avoid making wrong decisions in the market like selling your coins at its lowest price.

[JohnWick_Bitcoin]

Personally I started out trading the hard way, no knowledge about charts, just buy at a certain amount and hope to sell at a certain level, mostly ended up losing a large part of my capital before going to learn the real deal, now I can confortable trade with minimal losses

If you are having a hard time learning about the cryptocurrency market then then the best thing to do is just use google and other resources like youtube.

[gilangIDR]

Trading in essence, we must be able to read the situation and also be able to set the time. To increase trading hours to be able to train yourself and also be able to follow the signal as our first step to be able to start trading

You will never read the situation because the market is volatile, the best way you can do is just being patience in order to avoid making wrong decisions in the market like selling your coins at its lowest price.

That is the best choice because market trading will always be unpredictable and the steps we can take are to make decisions quickly. Gain the momentum as fast as possible and always pay attention to the situation at any time. One minute is important because change can happen so fast.

[lavishlife]

If you want to start day trading, you need to,
understand the basics, capital, time, discipline,
master stop-loss

[Shaftdel]

Although, free channel had helped a lot of seekers to learn some techniques on how to make gain or profit.
As much as one need to learn and make substantial improvement, there is no harm in joining paid channel but one need to be careful.
It worth to pay for learning day trading yet, you can still stick to free stuff as well.

[samcrypto]

if I don't like to search for information about trading to someone in a group that is not necessarily true, I would rather learn directly with my close friends, but I also prefer to learn by
day trading with small capital, so I can study directly for practice it, even though sometimes I make mistakes that make me lose, but I will not give up.

If you really want to become a good trader, then giving up is not an option. Just keep on learning, its not easy of course you can try many things but expect to fail. Trading with small amout of capital is a good option because by there, you will experience the real move of the market.

[pant-79]

No one will teach you better than you yourself. I think that paid channels only take money, but they will not teach you anything really important.
Better educate yourself. The Internet has a lot of useful information. Start by studying technical analysis. This topic is voluminous and interesting. If you go into it, you can achieve excellent results in trade. Apply your knowledge in practice. Trade in small amounts. And always read the news.
In the process of studying technical analysis, you will have a lot of additional questions. You will search for answers in the Internet, and in these answers there will be some new information for you and thus you will learn more and more important information.

[quochung]

You have learned a lot from experience and technical analysis, you can apply strategies to day trading then. Have a good successful.

[quochung]

Bitcoin and Altcoins are down, many currencies are at very low prices, I think this is the right time to buy and hold long term. When the market shows signs of recovery, it is good to hold.

[Aion2n]

I don't advise you to use paid services. All the information they sell to you you can easily find through Google. You must realize that if you are serious about becoming a trader, then you yourself must learn this business. Otherwise, you initially become one of those who, without advice, can't do anything. Go this way from the beginning to the end and then you will become a truly educated trader.

[DrewBird]

Recently I asked about day trading tips on this forum and got really nice response. Some one introduced me to Voodoo day trading community where I found perfect atmosphere to learn day trading and technical analysis: https://discord.gg/yBmNzRm  I have spent last whole week in the free channel in the group and learnt some interesting tricks and earned a decent amount of money.

Although free channel has helped me immensely so far but it feels like to reach the next level, I have to join paid channel. I wanted to ask that is it worth to pay for learning day trading or I could found free stuff instead? This forum has been a great help to me in past. I hope I will get some valuable feedback this time too.  

I am a paid member of this group and I think it is the smartest decision I have made since joining the world of crypto. I understand where most of this feedback is coming from but this is not your average trading group. These guys have worked hard to build Voodoo Crypto and make it what it is today. The recent addition of 24/7 analysis for paid members has tremendously raised the value of their service and there are many more exciting features to come. And no you can't just Google the TA that Voodoo Crypto uses because no one else uses it. They teach microstructure analysis of the order book and you won't find much about it online. There are already over 40 paid members here and almost everyone easily pays their membership in a weeks time or less depending on how much they're trading with. If you think paid groups are a rip off this one will surprise you.
https://discord.gg/3yS5Zcc

[Vaculin]

You have learned a lot from experience and technical analysis, you can apply strategies to day trading then. Have a good successful.

Right.Experience would still be the best teacher of course.You can learn easily on trading if you experience it more often.As long as you have already in your mind the best strategies you want to apply,then start trading even with a minimal amount.Day trading might be more risky than long term holding so prepare for it too.

[Hamstead]

You have learned a lot from experience and technical analysis, you can apply strategies to day trading then. Have a good successful.

Trading is just another way to be more profitable unlike of a simple buying, holding and selling.  People learn a lot of  trading from their experiences, it usually take a year's to fully mastered it and to find best strategies. But it is not only for that,  you may find also your favorite coin in the market aside from btc and eth.

[Omega Weapon]

You have learned a lot from experience and technical analysis, you can apply strategies to day trading then. Have a good successful.

Trading is just another way to be more profitable unlike of a simple buying, holding and selling.  People learn a lot of  trading from their experiences, it usually take a year's to fully mastered it and to find best strategies. But it is not only for that,  you may find also your favorite coin in the market aside from btc and eth.

You are correct when you say that to master trading will take years, but many people in this market do not want to wait that much time to master trading they just want to begin trading and see amazing profits almost immediately and anyone that has traded for some time knows that is not the way it works, in the first months you are going to be lucky just to break even.

[maydna]

learning day trading can be found in many sources, on a freeway or paid way and it depends on you, do you want to spend money to learn from the paid group community or not. besides that, you need to know how good that paid group can give a lesson about trading, especially for day trading so you don't waste your time to stay at that group. today, there were many paid group that say they give a trick or tips to do day trading but some of them are not worth to join and we can get it from the free group community or websites or another source. as long as we don't mind with what we want to do then you are free to do what you want.

[ocid]

You have learned a lot from experience and technical analysis, you can apply strategies to day trading then. Have a good successful.

Trading is just another way to be more profitable unlike of a simple buying, holding and selling.  People learn a lot of  trading from their experiences, it usually take a year's to fully mastered it and to find best strategies. But it is not only for that,  you may find also your favorite coin in the market aside from btc and eth.

You are correct when you say that to master trading will take years, but many people in this market do not want to wait that much time to master trading they just want to begin trading and see amazing profits almost immediately and anyone that has traded for some time knows that is not the way it works, in the first months you are going to be lucky just to break even.

yes, if the trade you are doing does not expect greater profits, of course you can do it with a day of trading with little profit but often done, of course it can encourage you to develop capital that has been spent and can get a lot of knowledge because it is gradually able to read market price movements

[wall101]

It's easy to learn how to start and just get started so that we can start trading the only problem with the markets when you're using an altcoins it drops right away and it hurts money immediately.

[Omega Weapon]

It's easy to learn how to start and just get started so that we can start trading the only problem with the markets when you're using an altcoins it drops right away and it hurts money immediately.

Which is why you need to limit the size of your trades, I have seen a lot of people investing all the money that they have in a single trade and that is the fast way to get poor, many books recommend that at most the size of each one of your trades should be 5% and I have seen even more conservative books that talk about using only 1% for each one of your trades.